原标题：保利·朝观天珺生活艺术大家论坛圆满成功 10月10日，观物见心，"珺集"万象丨保利·朝观天珺生活艺术大家论坛在会所"珺集"圆满启幕，保 利发展控股北京公司总经理李红亮、保利发展控股北京公司营销管理部总经理张健、保利发展控股北京 公司朝观天珺营销负责人尤良银，汇张思北京第一事业部总经理李建飞，中国著名表演艺术家、国家一 级演员王志飞，著名书画家、河北省美术家协会副主席、河北美术学院副院长崔景哲等领导和嘉宾出席 了本次活动，并共同出席了剪彩仪式。 汇张思北京第一事业部总经理李建飞在论坛中表示，保利发展坚持"只定制，不复制"，打开甲方蓝 本，根据"四个禀赋"来呈现美好设计，即始于天赋，产品要定位高端；汇于天际，场景和服务要与高奢 高净匹配；贵于天选，选品选型，包括选设计师都是甄选最优；精于天工，材料和工艺一定都是最顶尖 最高端的。在色彩上，为天珺打造独特的"璞玉流光"色彩体系，以白色和灰色为底色调，用金色作为跳 色，营造出奢华的高级感。 本次论坛的特邀嘉宾，表演艺术家王志飞表示，场所是情绪的容器，参观了项目和会所之后，他明 显感觉到有一种莫名的治愈感，特别是会所示范区空间，看到飞瀑冲刷玉石，感觉到一种静谧隐 ...

Core Viewpoint - The article discusses the emergence of Eastern aesthetic confidence in the automotive industry, highlighting the need for Chinese automotive brands to create their own unique design philosophy rooted in cultural identity and technological advancement [3][7][29]. Group 1: Eastern Aesthetic and Cultural Identity - The automotive industry has historically been defined by Western aesthetics, but a shift is occurring as Eastern cultural elements gain prominence [3][6]. - Lantu Automotive's recent event, "天地鲲鹏," emphasizes the integration of Eastern aesthetics into automotive design, showcasing a blend of traditional culture and modern innovation [5][7]. - The brand's logo, inspired by "Zhuangzi," symbolizes a pursuit of limitless possibilities, reflecting a deeper cultural narrative [9]. Group 2: Technological Foundation - Lantu Automotive emphasizes that cultural confidence must be supported by solid technological foundations to achieve lasting market recognition [14][15]. - The company has developed a robust technological framework, including platform architecture, intelligent driving, and energy systems, which enhances user experience [15][17]. - As of July 2025, Lantu holds 1,519 granted patents and 4,783 pending patents, indicating strong innovation in smart connectivity and safety [19]. Group 3: Market Performance and Growth - Lantu Automotive has shown impressive financial growth, with revenue projected to increase from 6.05 billion to 19.36 billion yuan from 2022 to 2024, reflecting a compound annual growth rate of 78.9% [22]. - The company has achieved a significant increase in sales, with a compound annual growth rate of 103.2% from 2022 to 2024, positioning it among the fastest-growing high-end electric vehicle brands in China [24]. - Lantu's successful product launches, such as the new 2026 model of Lantu Dreamer, demonstrate strong market demand, with over 10,000 pre-orders within 18 hours [26]. Group 4: Global Expansion and Capital Market Strategy - Lantu Automotive is preparing for a public listing on the Hong Kong Stock Exchange, marking a significant milestone in its growth trajectory and global market strategy [21]. - The brand's international expansion has already begun, with plans to enter various European markets, including Norway and Spain, by 2025 [10][12]. - The combination of cultural identity and technological prowess is expected to resonate well in global markets, enhancing Lantu's brand value and market presence [31].

Core Insights - The article highlights the rising popularity of Chinese cuisine in Malaysia, particularly the chain "YONNY Fish You Together," which has quickly become a leading brand in the region within just six months of its establishment [1][3]. Market Potential - The Southeast Asian restaurant market is projected to exceed $100 billion by 2024, with a low restaurant density of only 15 restaurants per 10,000 people, indicating significant room for growth compared to more mature markets like the US and Japan [4]. - The Malaysian restaurant service market is expected to reach $23.95 billion by 2029, with a compound annual growth rate (CAGR) of 12.81% from 2024 to 2029, presenting a lucrative opportunity for brands like YONNY [11]. Brand Expansion Strategy - YONNY is transitioning from a "single-point trial" approach to a "regional densification" strategy, marking a significant step in its overseas expansion plans [10]. - The brand has successfully opened multiple locations in key areas such as Selangor, Kuala Lumpur, and Johor Bahru, indicating a clear strategy to establish a strong presence in Malaysia before expanding further into Southeast Asia [10]. Unique Selling Proposition - YONNY's success is attributed to its dual strategy of "Eastern aesthetics" and "deep localization," which allows it to resonate with local consumers while maintaining its core offerings [11][14]. - The brand has upgraded its English name to "YONNY" for better international appeal and has integrated Chinese cultural elements into its restaurant design to enhance customer experience [13]. Consumer Insights - Research indicates that Malaysian families prefer "shared dining," guiding YONNY in optimizing portion sizes and introducing family meal options [18]. - The brand's positioning as a go-to choice for family gatherings and social events has solidified its market presence in Malaysia [13]. Operational Insights - YONNY's management team is actively studying local consumer preferences and operational strategies to ensure effective market penetration and adaptation [15]. - The brand is focused on building a strong local talent pool to support its expansion and maintain high operational standards [14][21].

Core Insights - Hisense launched the flagship product, the Hisense Brilliant Vacuum First-Class 650 refrigerator, which integrates Eastern aesthetics with vacuum preservation technology, targeting high-quality lifestyle consumers [1][3] Product Design and Features - The refrigerator features a "Starry Panel" design that combines Eastern aesthetic elements, showcasing a poetic imagery of "moonlight reflecting on the sea" [3] - It has a large capacity of 650L with a width of only 908mm, achieving a 62% volume utilization rate, suitable for modern multi-generational families [3] - The design includes a flat embedded structure and a patented hinge that allows for a 116-degree door opening, enhancing convenience [3] Preservation Technology - Hisense developed an original vacuum magnetic preservation technology that combines a vacuum environment with a specific magnetic field to delay food spoilage at a molecular level [4] - The technology has been tested to keep beef fresh for seven days, outperforming national standards for fresh meat [4] - Hisense led the establishment of a scientific and quantifiable evaluation standard for the freshness of meat in household refrigerators [4] Smart Features - The refrigerator incorporates AI technology that analyzes the storage characteristics of over 800 types of food, allowing for customized preservation solutions [6] - It aims to provide a reliable high-end storage solution for global families, reflecting the company's commitment to innovation and cultural care [6]

Core Viewpoint - The launch of the Lantu Taishan marks the completion of the "three flagship" matrix, enhancing Lantu's product lineup and showcasing the integration of Eastern aesthetics, technological exploration, and fashion art [3][5]. Group 1: Product Launch and Design - The Lantu Taishan, as the flagship SUV, represents five years of technological accumulation and aesthetic evolution for the Lantu brand [3]. - The design of Lantu Taishan draws inspiration from natural landscapes and Chinese architecture, embodying the "Great Realm" design philosophy to redefine the aesthetic standards of full-size SUVs [5]. - The vehicle features a unique design with four golden ratios and a "mountain-sea fusion" curve, replacing traditional waistlines to reflect a blend of strength and elegance [5]. Group 2: Technological Advancements - Lantu Taishan is the first 800V intelligent hybrid SUV from a Chinese brand, equipped with the Lanhai intelligent hybrid power system, offering a pure electric range of up to 370 km and a comprehensive range exceeding 1400 km [5]. - The vehicle incorporates advanced technology, including Huawei's high-end intelligent solution with L3-level intelligent driving capabilities, featuring four laser radars for complex road conditions [6]. - It also includes a three-chamber air suspension system and a 16° rear-wheel steering system, enhancing driving comfort and maneuverability [6]. Group 3: User Experience and Brand Philosophy - The interior of Lantu Taishan is designed to create a "smart mobile space" that understands and actively serves users, enhancing the overall driving experience [6]. - The brand emphasizes cultural confidence and technological self-reliance, aiming to witness a new trend in the luxury automotive sector in China alongside its users [6].

最近 38岁赵丽颖 一组国风写真流出，无数网友惊呼： 从面相到气质都变了 ！ 还记得刚出道那会，她 经常被嘲"土得掉渣" 。 直到她逐渐 开始尝试新中式 ，妆造才让人眼前一亮又一亮。 红裙妒杀石榴花，举手投足都是 中式美学的含蓄与热烈 。 整个人不仅气场全开，还透着东方女性独有温婉知性。 却对自家5000年审美积淀视如敝履。 殊不知， 那些被国际大牌疯抢的设计灵感，早被老祖宗玩得炉火纯青 ！ 天津博物馆《春闺倦读图》里的 手镯和宠物项圈 ，被某G、某地亚原样复刻； 南宋《罗汉图》中 人字拖镶满宝石 ，奢侈到让大牌抄都不敢抄！ 难怪连欧洲贵族，都要感叹一句 ： 审美的尽头，就是中国风！ 克莱顿庄园的中式房间 Architectural Digest 图 可惜许多国人，对西方艺术趋之若鹜， 北宋《岁朝图》的"油画肌理"，比 莫奈还早了整整900年 …… 这哪里是巧合？根本就是降维打击！ 翻开西方艺术史，更是 写满对中式审美的狂热追捧 —— 17世凡尔赛宫 ，路易十五对中式屏风、瓷器爱不释手； 18世纪英国 ，乔治四世不惜血本，也要打造"东方幻境"； 20世纪华伦天奴创始人 ，直接把家改成"中式美学展览馆"。 每一 ...

Core Insights - The launch of the high-end residential project "Puyue" by China Jinmao and Yuexiu Property in Beijing marks a significant event in the recovering real estate market, catering to the increasing demands of high-net-worth clients for luxury housing [1][2][4] - The project aims to redefine luxury living in the CBD by integrating Eastern aesthetics with international standards, focusing on the unique land value and ecological resources of the area [2][4][5] Group 1: Project Overview - "Puyue" is positioned as a new benchmark for high-end residential properties in Beijing, emphasizing its unique location and innovative lifestyle offerings [1][2] - The project is strategically located in the CBD's "Golden Axis," surrounded by significant ecological parks, enhancing its appeal as a luxury residence [2][4] Group 2: Design and Aesthetics - The design philosophy of "Puyue" centers around human-centric principles, combining Eastern and Western aesthetics to elevate the value of high-end living [5][7] - The project features a distinctive architectural design with a 170-meter "ink wash" facade, utilizing premium materials to create a visual representation of international and Eastern harmony [5][7] Group 3: Target Demographics - The primary target demographic for "Puyue" includes high-net-worth individuals aged between 25 and 35, primarily from emerging industries such as e-commerce, AI, and renewable energy [4][5] - The project aims to provide not only a stable asset but also a sense of belonging and tranquility for its residents, addressing their desire for a balanced lifestyle amidst the fast-paced urban environment [4][5] Group 4: Amenities and Services - "Puyue" will offer a comprehensive service system, including high-end amenities and personalized services, to enhance the living experience for its residents [10][11] - The project incorporates advanced health technology and smart home systems, ensuring a modern and comfortable living environment [9][10] Group 5: Market Impact - The introduction of "Puyue" is expected to set a new standard in the high-end residential market, showcasing the latest trends in design, craftsmanship, and service [11] - Industry experts view "Puyue" as a significant advancement in the luxury housing sector, reflecting the evolving needs and preferences of affluent consumers [11]

Core Insights - The "Heaven and Earth" cultural exhibition by Chow Tai Fook showcases the brand's commitment to integrating Eastern aesthetics with modern design, featuring the new "Timeless Harmony" jewelry collection [1][4][6] - The exhibition emphasizes the philosophical concept of "Heaven and Earth," reflecting the brand's dedication to cultural heritage and artistic expression through jewelry [6][10][16] Group 1: Exhibition Overview - The exhibition is held at the Mandarin Oriental Hotel in Beijing, inspired by the philosophical wisdom of "Heaven and Earth," and features a collection of high-end jewelry [1][4] - Chow Tai Fook aims to convey the essence of Chinese civilization and aesthetics through its jewelry, inviting guests to experience a cultural feast [1][4][24] Group 2: Jewelry Collections - The "Timeless Harmony" series is a highlight of the exhibition, symbolizing the eternal inquiry of Chinese civilization into the universe [6][10] - The exhibition also includes the Chow Tai Fook Palace Museum series, which features new pieces inspired by the cultural heritage of the Forbidden City, such as "Wanhua Ruyi" and "Ping An Ruyi" [16][17][19] Group 3: Cultural Significance - The exhibition serves as a platform for discussing the cultural value of jade, emphasizing its significance in Chinese culture as a symbol of good fortune and happiness [27][29] - Chow Tai Fook's commitment to cultural transmission is evident in its collaboration with industry experts to explore the artistic and cultural dimensions of jade [29][30] Group 4: Artistic Collaboration - The exhibition features a collaboration with contemporary photographer Sun Jun, showcasing a photography art collection that interprets the grandeur of the Forbidden City through a modern artistic lens [30] - This cross-disciplinary approach highlights the integration of traditional aesthetics with contemporary art, further enhancing the cultural narrative of Chow Tai Fook [30]

Core Viewpoint - The launch of the new Geely China Star Dongfang Yao series emphasizes a blend of Chinese design, intelligent technology, and enhanced driving comfort, with prices ranging from 98,700 to 179,700 yuan [1] Design and Comfort - The Dongfang Yao series incorporates elements of Eastern aesthetics and modern industrial design, featuring exclusive colors and traditional cultural symbols [2] - Interior enhancements include a 3D laser engraving, crystal gear shifter, ambient lighting, and various comfort features such as massage seats and adjustable backrests [2] - The series utilizes AI digital chassis and CCD variable damping suspension for improved ride comfort [2] Safety Features - The series is built on four major safety concepts, providing comprehensive protection through nine systems including passive and active safety measures [4] - Key safety features include aerospace-grade aluminum alloy crash beams, high-strength steel construction, and advanced airbag systems [4] - Active safety technologies like AEB and AES enhance driving safety by enabling emergency braking and evasive maneuvers [4] Performance - The Dongfang Yao series is powered by a 2.0TD turbo engine and an Aisin 8AT transmission, achieving a maximum power of 200 kW and a peak torque of 400 N·m, with a 0-100 km/h acceleration time of 6.5 seconds, representing a 14% performance improvement [5] - The series features a CMA chassis with independent suspension and advanced stability systems for a balanced driving experience [5] Intelligent Technology - The series employs the GEEA 3.0 electronic architecture, enhancing decision-making efficiency and integrating AI capabilities for improved driving experience [6] - It supports full-domain FOTA capabilities for continuous optimization of vehicle functions [6] - The introduction of AI models enhances driving quality and safety through real-time monitoring and diagnostics [6] Smart Cabin and Connectivity - The Dongfang Yao series features the Flyme Auto system, offering advanced display technologies and user-friendly interactions [8] - It supports various connectivity protocols, ensuring compatibility with multiple devices and services [8] - The AI voice system enables natural language interaction, enhancing user experience [8] Intelligent Driving - The series is equipped with the Qianli Haohan H3 driver assistance system, featuring multiple sensors and high computing power for comprehensive situational awareness [9] - It includes advanced features for highway navigation and parking assistance, with plans for future OTA upgrades [9] - The series boasts 34 intelligent driving assistance functions, further improving safety during operation [9] Market Position - In the first half of the year, Geely's total sales exceeded 1.4 million units, achieving a market share of 10.4%, with the China Star series leading in sales among domestic fuel vehicle brands [9] - The launch of the Dongfang Yao series is expected to expand Geely's product offerings and enhance user travel experiences [9]

Investment Rating - The report assigns a "Buy" rating to the company, with a target price of 6.83 CNY per share based on a projected PE of 30x for 2026 [5]. Core Insights - The company is positioned as a representative of the commercialization of Eastern aesthetic brands, focusing on diverse consumer sectors, with a significant emphasis on jewelry and cultural dining [2][15]. - The expansion of the commercial area, particularly the second and third phases of the Yuyuan project, is expected to significantly enhance the company's rental and management income [3][29]. - The company is actively pursuing international expansion of its dining brands, with the first overseas store of Songhe Lou set to open in London, which is anticipated to exceed growth expectations [3][41]. Summary by Sections Company Overview - The company operates primarily in three business segments: consumption industry operations (76.1% of revenue), commercial comprehensive operations and property services (17.2%), and real estate development and sales (6.7%) [2][15]. - Jewelry accounts for 88% of the consumption industry operations revenue, with additional segments including dining, health, and alcohol [2][19]. Investment Logic - The company is undergoing significant changes in its commercial area, with the second and third phases of the Yuyuan project expected to double the area of the first phase, enhancing rental income [3][34]. - The dining business is expanding internationally, with a focus on traditional brands, which is expected to create new growth opportunities [3][41]. Financial Performance - The jewelry segment has faced challenges but is expected to recover due to store adjustments and product innovation, with a revenue of 12.79 billion CNY in the first half of 2025 [4][22]. - The real estate segment is gradually improving as inventory is cleared, with a revenue increase of 4.84% year-on-year in the first half of 2025 [4][22]. Profit Forecast and Valuation - Revenue projections for 2025-2027 are estimated at 467.21 billion CNY, 489.30 billion CNY, and 508.30 billion CNY, respectively, with net profits expected to rise significantly [5][9]. - The company is expected to benefit from a cultural export boom, leveraging its rich IP resources [5][54]. Brand and Cultural Assets - The company has a robust portfolio of traditional brands and cultural heritage, which supports its commercial activities and enhances brand visibility [54][56]. - The introduction of new brands like "Dongjia Gold" aims to tap into the high-end market, further diversifying the company's offerings [52][54].